SOURCE: Tournigan Gold Corporation

August 02, 2006 16:19 ET

Tournigan Appoints CFO

VANCOUVER, BC -- (MARKET WIRE) -- August 2, 2006 -- Tournigan Gold Corporation (TSX-V: TVC) is pleased to announce the appointment of Mr. J. Hans Retterath as Chief Financial Officer of the Company. Mr. Retterath brings nine years senior management experience with Deloitte & Touche. He has also held executive financial management roles with Transalta Corporation and was Chief Financial Officer for Williams Energy (Canada), Inc.

Mr. Retterath holds a Bachelor of Commerce degree from the University of Toronto, and is a Chartered Accountant and a Chartered Financial Analyst.

Tournigan wishes to thank Mr. Robert Nowell, the Company's former CFO, for his valuable contributions during the past two years.

The Company also announces the grant of 250,000 stock options to new employees and consultants of the Company. The options have an exercise price of $1.64 and will expire on August 2, 2011.

Tournigan Gold is focused on developing advanced mineral projects in Europe -- Kremnica (gold) and Jahodna (uranium/molybdenum) in Slovakia, and Curraghinalt (gold) in Northern Ireland. Tournigan's asset mix also includes a portfolio of uranium properties in Slovakia, Wyoming, South Dakota and Arizona, as well as VMS projects in Slovakia and Northern Ireland.

TOURNIGAN GOLD CORPORATION

"James Walchuck"
James Walchuck, President and CEO
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Statements in this press release other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, constitute forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks inherent in mineral exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.

Contact Information

  • Contact
    Garry Stock
    Executive VP
    (604) 683-8320
    or visit www.tournigan.com

    Tournigan Gold Corporation
    24th Floor, 1111 West Georgia Street
    Vancouver, BC
    Canada V6E 4M3
    Email: Email Contact